Milacron announces definitive agreement to sell Uniloy Blow Molding business to Osgood Capital Group, LLC and Cyprium Investment Partners, LLC

The new Uniloy organization will be led by Brian Marston, and he will serve as President and CEO. Marston is currently President of Blow Molding and Extrusion with Milacron. He has held leadership roles within the plastics and blow molding industry for 35 years.  Osgood Capital’s President, Joseph S. Levy, who has over 25 years’ experience in the plastics and packaging industry was quoted as saying, “We are excited to have this opportunity to work with the outstanding Uniloy management team led by Brian. We expect to deliver world class service and solutions for all our customers’ blow molding needs as well as strong growth in Global Uniloy brands for years to come.” Mr. Marston was quoted, “The new Uniloy organization will continue to provide the same high-performance machinery, technical expertise and aftermarket support that our customers have experienced since the 1960s. The Uniloy brand will continue to be recognized as a global leader in the blow molding industry. We will be working hand in hand with Milacron to make this a seamless transition for our customers. All existing orders will continue to be manufactured to the industry’s highest standards.” The transaction is subject to customary closing conditions and is expected to close within the next ninety (90) days. www.milacron.com